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S. B. No. 8
LEGISLATIVE GENERAL COUNSEL
Approved for Filing RLR
Date 06-27-85
(1985 EXECUTIVE RESERVE ACCOUNT)
1985
FIRST SPECIAL SESSION
By _ Fred W. Finlinson
AN ACT RELATING TO STATE AFFAIRS IN GENERAL; CREATING THE 1985
EXECUTIVE RESERVE ACCOUNT; AND PROVIDING AN EFFECTIVE
DATE.
THIS ACT ENACTS NEW MATERIAL.
Be it enacted by the Legislature of the state of Utah:
Section 1. (1) There is created within the General Fund a
restricted account known as the 1985 Executive Reserve Account.
(2) The followinq money shall be deposited into the 1985
Executive Reserve Account:
ia) the $4.6 million allocated in Item 14, Section 3,
Chapter 265, Laws of Utah 1985;
(b) any surplus revenues in excess of $9.6 million for
fiscal year 1984-85; and
___-*•■*
T&
ilO/rrulLJmy,
(c) any amount'^transferred on September 1, 1985 from the
Water Development and Flood Mitigation^Reserve Account, created
/(M-&<t*sLSL*.*~+sS
in Section 73-10e-l, to the Water ^Reserves! Conservation and
Development Fund which is not used for flood mitigation by
September 1, 1986.
Section 2. This act takes effect upon approval by the
governor, or the day following the constitutional time limit of
Article VII, Sec. 8 without the governor's signature, or in the
case of a veto, the date of veto override.